Malaysia has made significant progress in improving its business environment to attract investment and boost productivity and competitiveness. This case study examines two pioneering initiatives - the E10 in Kulim, Kedah, and the Kulai Fast Lane (KFL) in Johor - that have streamlined the...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

This study “Assessment and support for the preparation and development of roadmaps on climate finance and carbon markets for the forests of the Congo Basin” has been carried out under the umbrella of the World Bank’s Advisory Support and Analytics (ASA) initiative, 'Leveraging Natural...

This paper examines how income inequality affects environmental outcomes through the interplay of household consumption and political support for climate policy. We develop an agent-based model in which households differ by income, consumption patterns, and climate policy attitudes. Our results...

To address climate change and fulfill its international commitments to reducing carbon emissions, China has accelerated the low-carbon transformation of the thermal power sector through a carbon trading mechanism. However, as the "30·60″ dual-carbon target approaches, the carbon market still...

Financial markets and foreign investments could play an effective role in determining the environment and income of GCC resource-rich economies. Therefore, the effects of Financial Market Development (FMD) and Foreign Direct Investment (FDI) on Carbon Intensity (CI) from oil, gas, gas flaring,...

Sustainable aviation fuels (SAFs) are promising solutions for reducing carbon emissions in the aviation industry and achieving the 2050 net-zero target. Despite their environmental benefits, the adoption and deployment of SAFs remain significantly below expectations. This paper systematically...

Carbon leakage is a major concern in the design of unilateral climate policies aimed at reducing global emissions in a cost-effective manner. In order to assess the cost-effectiveness of anti-leakage measures, it is crucial to understand the fundamental mechanisms that contribute to leakage. We...

The study examines economic growth and climate change when system competition between countries causes drastic changes in their climate policies. The world is divided into two groups of countries: one that implements strict climate policies and another that refrains from doing so due to concerns...

The EU Carbon Border Adjustment Mechanism (CBAM) came into force on 1 October 2023, introducing reporting requirements for importers of covered products and, from 2026, an obligation to pay a fee on the carbon content of imported goods. This paper uses indices of ad valorem tariffs to assess the...

This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage (CDR) in permanent and non-permanent sinks. Non-permanent CDR reduces mitigation costs, even though the stored carbon is released into the atmosphere eventually. It may serve as...

Firms' efforts to reduce pollution emissions in their production processes are induced by market forces as well as governmental regulatory instruments. The market forces, which might induce firms to increase production to maximize profits, work at cross-purposes. One of the common solutions is...

Amid intensifying global climate challenges, market-based environmental instruments such as carbon emissions trading have emerged as pivotal tools for reducing energy consumption and curbing emissions. This study examines the impact of China's carbon trading pilot program using panel data from...

Guarantees of Origin (GOs) certificates were introduced by European governments to reduce information asymmetry in electricity markets. By providing verified information on the origin of electricity, GOs enable consumers to credibly identify and demand electricity from renewable sources. This...

The global carbon credit market has evolved into a key mechanism for mitigating climate change, yet challenges persist regarding transparency, stakeholder trust, and market efficiency. Vietnam is in the initial phase of developing its carbon credit framework, driven by its pledge to reach...

Carbon emissions are of significant concern, as they pose a growing threat to the integrity of ecological systems. This paper investigates the effectiveness of consumption-based carbon emissions reduction programs. We use an innovative quantile panel regression methodology as well as a...

This study investigates the extent of carbon emission disclosure practices among Indonesian firms and examines the key factors influencing Carbon Emission Disclosure. The research analyzes all non-financial companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2022, focusing on...

This study examines how carbon price uncertainty (CPU) in China's regional carbon markets shapes firms' green investment (GI) decisions, addressing a critical gap in empirical and regional research. Using granular data from eight Chinese regional carbon markets and listed firms' green...

This note examines the state of carbon farming (CF) policies in the European Union (EU), highlighting their potential to deliver significant public benefits, such as improved soil health, air quality, and climate mitigation. The existing mechanisms for encouraging carbon sequestration and...

Climate change mitigation increasingly relies on carbon pricing as a core policy tool. This study investigates the applicability of such mechanisms within the Russian context, given the country's heavy fossil fuel dependence and evolving energy landscape. A mixed-method approach is used,...

This paper provides the first comprehensive evidence on how firms in emerging economies respond to carbon taxation. Using detailed administrative data, we study the announcement and implementation of South Africa's 2019 carbon tax - a potential trailblazer for other developing countries with...

The focus of climate economics has traditionally been on CO2 as a negative externality. For decades, this has led policymakers to strongly focus on carbon pricing as the preferred climate policy instrument. But addressing the climate crisis differs fundamentally from a pollution problem. It...

Carbon offsets gained attention about 15 years ago, with numerous providers emerging under regulated and voluntary regimes. However, due to a lack of technical literacy among some market participants, no common quality or certification structure existed, leading to concerns over "worthless"...